nuNov 12, 2026, 18:41

Mercedes stops investing in German factories as cost-cutting fails

Mercedes-Benz has paused future investments in its German factories due to failing efforts to reduce operational costs. The company warns that it may be forced to close two production sites in Germany if current financial goals are not achieved.

Mercedes-Benz has announced a pause on all future investments in its German manufacturing facilities as the company struggles to achieve necessary cost reductions. Management stated that the lack of progress in efficiency measures has forced them to reconsider the viability of existing sites across the country. While the automaker aims to avoid plant closures, it has warned that such measures are now a possibility if financial targets are not met. This potential shift has already sparked protests among the workforce, which totals approximately 108,000 employees in Germany.

The decision comes as part of a broader strategy by the luxury car manufacturer to adapt to challenging market conditions, including declining demand and intense competition from China. Previously, the company introduced voluntary departure programs to trim expenses. However, leadership now indicates that two German plants could face closure if significant cost savings are not realized. This marks a critical moment for the Stuttgart-based firm as it attempts to maintain competitiveness in a volatile global automotive sector.

Economy Business

Read original ↗

Based on reporting by nu. Translated and condensed by LocalHeadlines.

Albert Heijn recalls baby spoons after detecting excessive harmful substances

Albert Heijn is recalling specific Nûby heat-sensitive baby spoons because they contain excessive levels of the potentially hormone-disrupting chemical BPAF. Customers are advised to stop using the affected products and return them to the store for a full refund.

What does Jensen Huang's departure mean for Nvidia, Trump and the entire AI sector?

Nvidia CEO Jensen Huang is facing a rapid loss of influence, sparking concerns about the stability of the artificial intelligence sector. As a key lobbyist and industry leader, his potential departure could have significant consequences for the future of AI development.

European Commission ends investigation into NS sale of old trains

The European Commission has ended its probe into NS over the sale of decommissioned trains after the company agreed to adopt a transparent public sales process. This new policy ensures equal access for all rail carriers to help smaller operators acquire affordable second-hand equipment.

Public transport travel more expensive from 2027, GVB lowers price of monthly pass

Public transport fares will increase by about 4.5 percent starting in January to cover rising operational costs for energy and staff. While individual trip prices are rising, the GVB is lowering the cost of monthly passes for the general public and students, while also introducing new weekend and weekday subscription options.

Singapore expels woman who had affair with NVIDIA executive over spying fears

Singapore has expelled Alice Huang, a woman previously under investigation for her role in alleged server procurement fraud at the company Megaspeed. While authorities found insufficient evidence to charge her, she was barred from re-entering the country for lying to investigators during the probe, which remains ongoing for other suspects.